5-46 51st Avenue

Long Island City

$3,450,000
Price
6
Beds
6
Baths
4,875 Sq. Ft.
$708 / Sq. Ft.
4,875
Sq. Ft.
$708
per Sq. Ft.

Description

PRICE IMPROVEMENT!
Stunning 6-family brownstone with backyard located in thriving Hunters Point section of Long Island City. A blend of classic restoration, modern finishes, and custom creativity gives this building character like no other. Pre-war 3-floor walk-up sits on a 25ft x 100ft lot featuring approximately 4,875 sq ft plus 816 sq ft of outdoor space. Beautiful moldings, high ceilings, gorgeous wood finishes, and contemporary upgrades throughout. Endless possibilities for this building whether
...PRICE IMPROVEMENT!

Stunning 6-family brownstone with backyard located in thriving Hunters Point section of Long Island City. A blend of classic restoration, modern finishes, and custom creativity gives this building character like no other. Pre-war 3-floor walk-up sits on a 25ft x 100ft lot featuring approximately 4,875 sq ft plus 816 sq ft of outdoor space. Beautiful moldings, high ceilings, gorgeous wood finishes, and contemporary upgrades throughout. Endless possibilities for this building whether it is for investment/development, or just for you to live in. Six 1BR unit configuration. Separate meters for electricity for each unit, with building mechanical well maintained.

Conveniently located next to the 7 train Vernon Blvd/Jackson Ave station, just one stop from Grand Central. The East River Ferry is a few blocks away. Also near major highways including the LIE, BQE, Midtown Tunnel. Plenty of great restaurants and bars along Vernon Blvd to provide many attractive options for a night out. Short walk to LICs prime waterfront, where you can enjoy NYCs most perfect skyline views.

More video tour available.
https://vimeo.com/438989618

Annual rental income $178,200
Annual total expenses $28,165
Net rental income $150,035
CAP rate - 4.3%

More video tours available.
https://vimeo.com/439540569

Listing Agent

Amenities

  • Private Yard
  • Decorative Fireplace
  • Crown Mouldings
  • Decorative Mouldings
  • Built-Ins
  • Private Entrance
  • Hardwood Floors
  • High Ceilings

Location

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LISTING UPDATED: 11/04/2020 02:12 PM

Property Details for 5-46 51st Avenue

StatusExclusive Expired
MLS IDH6050170
Days on Market135
Taxes$917 / month
Maintenance-
Min. Down Pymt20%
Total Rooms12.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1931
Lot Size2,500 SF / 25' x 100'
CountyQueens County

Building

5-46 51st Ave

6 Units3 StoriesBuilt in 1931

Location

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Virtual Tour

Building Information for 5-46 51st Avenue

Stories3Year Built1931Building Size25' x 65'Building Sq. Ft4,875 SFLot Size2,500 SF / 25' x 100'Building AgePre-warBuilding TypeTownhouseSenior Community-

Payment Calculator

$19,745 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,828

Property Taxes

$917

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 5-46 51st Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5-46 51st Avenue

Taxable ValueLand$7,200Additions$558,000Total$565,200
Tax Record2021$11,314 ($943 / month) Tax Class2ATax Rate12.267%
Home Facts
Total Finished SqFt4,875 SqFtLot Size2,500 SqFtYear Built1931ZoningM1-4R6BAPN4000340042

Schools near 5-46 51st Avenue

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 78
PublicPK to 8

Is 204 Oliver W Holmes
Public6 to 8

Long Island City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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